U-Haul (NYSE:UHAL.B) Major Shareholder Sells $1,134,360.00 in Stock

U-Haul Holding (NYSE:UHAL.B) major shareholder Mark Shoen sold 23,000 shares of the firm’s stock in a transaction dated Monday, October 26th. The stock was sold at an average price of $49.32, for a total value of $1,134,360.00. Following the completion of the transaction, the insider owned 402,196 shares of the company’s stock, valued at approximately $19,836,306.72. The trade was a 5.41% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Large shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

U-Haul Stock Down 16.0%

U-Haul stock opened at $50.61 on Friday. U-Haul Holding has a 52 week low of $39.62 and a 52 week high of $60.14. The stock has a 50-day moving average price of $54.43 and a 200 day moving average price of $52.59.

About U-Haul

U-Haul Holding Company, formerly known as AMERCO, operates the U-Haul brand, a provider of do-it-yourself moving and storage services in the United States and Canada. Its offerings are designed for individuals and families relocating, transporting household goods, or requiring short- or long-term storage.

The company’s primary activities include truck, trailer and towing-equipment rentals; self-storage facilities; portable moving and storage containers marketed as U-Box; and the sale of moving supplies such as boxes, packing materials and protective equipment.